On the recordMarch 4, 2009
The AIG insurance company is solvent. They got additional capital through this latest round but it did not take an insolvent company and make it solvent.
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congress.govEditor's note · Context
Bean clarifies AIG's financial status and the impact of federal funds.
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More from Melissa L. Bean
Jun 15, 2009
The collapse of AIG, the world's largest insurer, has proven to be one of the most costly and dangerous corporate disasters in our Nation's financial history.
May 13, 2009
Since we started working on this issue, much has changed in our system. After committing nearly $200 billion of taxpayer dollars to AIG, the need for Federal regulatory oversight has never been greater.
Jun 15, 2009
No one that is advocating for a national insurance charter in any way is suggesting that we lower consumer protections.
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